Austria: Petroleum-Engine Cargo Trucks Market 2024

Petroleum-Engine Cargo Trucks Market Size in Austria

The Austrian petroleum-engine cargo trucks market fell markedly to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a slight downturn. As a result, consumption reached the peak level of $X, and then fell remarkably in the following year.

Petroleum-Engine Cargo Trucks Exports

Exports from Austria

In 2022, overseas shipments of goods vehicles, with spark-ignition internal combustion piston engine decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, recorded moderate growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then shrank notably in the following year.

In value terms, petroleum-engine cargo trucks exports shrank dramatically to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for petroleum-engine cargo trucks exports from Austria, with a X% share of total exports. Moreover, petroleum-engine cargo trucks exports to Germany exceeded the volume sent to the second major destination, Hungary (X units), twofold. The Czech Republic (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and the Czech Republic (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for goods vehicles, with spark-ignition internal combustion piston engine exports from Austria, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average petroleum-engine cargo trucks export price amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price showed a abrupt downturn. The growth pace was the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Petroleum-Engine Cargo Trucks Imports

Imports into Austria

After two years of growth, overseas purchases of goods vehicles, with spark-ignition internal combustion piston engine decreased by X% to X units in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then contracted markedly in the following year.

In value terms, petroleum-engine cargo trucks imports declined dramatically to $X in 2022. In general, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted rapidly in the following year.

Imports by Country

Germany (X units), Japan (X units) and the Netherlands (X units) were the main suppliers of petroleum-engine cargo trucks imports to Austria, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest petroleum-engine cargo trucks suppliers to Austria were Germany ($X), Japan ($X) and the Netherlands ($X), together accounting for X% of total imports.

Japan, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average petroleum-engine cargo trucks import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price saw a perceptible reduction. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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